Peel Hunt Reiterates “Buy” Rating for Renew (LON:RNWH)

Renew (LON:RNWH)‘s stock had its “buy” rating restated by analysts at Peel Hunt in a research note issued on Tuesday, MarketBeat Ratings reports. They presently have a GBX 1,300 price objective on the stock. Peel Hunt’s target price suggests a potential upside of 36.84% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Berenberg Bank reissued a “buy” rating and issued a GBX 1,200 price target on shares of Renew in a report on Tuesday. Shore Capital reiterated a “buy” rating and set a GBX 1,350 target price on shares of Renew in a report on Tuesday. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Renew currently has a consensus rating of “Buy” and a consensus target price of GBX 1,267.50.

Renew Stock Performance

Shares of RNWH stock opened at GBX 950 on Tuesday. Renew has a 52-week low of GBX 590.55 and a 52-week high of GBX 1,084. The company has a market capitalization of £751.99 million, a price-to-earnings ratio of 16.63 and a beta of 1.06. The company has a 50-day simple moving average of GBX 903.54 and a two-hundred day simple moving average of GBX 852.07. The company has a debt-to-equity ratio of 37.10, a quick ratio of 0.81 and a current ratio of 0.93.

Renew (LON:RNWH) last issued its earnings results on Tuesday, November 25th. The company reported GBX 67.10 earnings per share (EPS) for the quarter. Renew had a return on equity of 22.35% and a net margin of 4.45%.

About Renew